Welcome to the Piano World Piano ForumsOver 2 million posts about pianos, digital pianos, and all types of keyboard instruments
Join the World's Largest Community of Piano Lovers
(it's free)
It's Fun to Play the Piano ... Please Pass It On!

I can't begin to say that I'm an expert on this. But I am going to guess that sales were sharply down from 2005, and sharply down from 10-20 years ago. The latest data I could find on any related topic was 2007.

Extrapolating from it, I would guess that there were between 14-18k new grand pianos sold, and 20-24k new vertical pianos sold.

I would guess the average cost of a new vertical around $3500, and the average cost of a new grand around $13,500. If you were wondering how I came up with my numbers: this puts the total market at $260-330M, which is the range I expect based on the only data I could find. Also figured around 40% grand-to-vertical ratio. (Was 44.5% on the data I could find, but I assumed it also decreased since 2007.)

Again, this is heavily extrapolated data based on guesstimates. I couldn't find any solid information, and I am not "in the industry" so-to-speak. But I hope it's a decent estimate.

Would definitely like to hear anyone on the "inside" comment.

_________________________
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.